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1、Title:AStudyontheInfluenceofITIndustryontheEconomicGrowthofArmeniaAThesisPresentedtoSchoolofInternationalTradeandEconomicsJiangxiUniversityofFinanceandEconomicsDate:(06-01-2018)iACKNOWLEDGMENTSIwouldliketosincerelythankmyfamily–MariamArakelyan,SamvelVasilyanandArmenVasilyanfort
2、heirunconditionalsupportduringthesepasttwoyears,andforencouragingmetostudyinChina.IwouldliketoconveymygratitudetomysupervisorProfessorYangLiLinforguidingmethroughoutthesetwoyears,andforaddinghervaluableopinionandherhelpinwritingandinthecompletionofmyresearchpaper.Iexpressmyspec
3、ialappreciationtomyalmamaterRussian–ArmenianUniversityforintroducingthisprogramtome,aswellastothePeople’sRepublicofChinaandtoJiangxiUniversityofFinanceandEconomicsforgrantingmethislife-changingopportunity.01/06/2018iiABSTRACTThisdegreeresearchpaperanalysestheinfluenceofInformat
4、ionTechnology(IT)industryontheeconomicperformanceandgrowthoftheRepublicofArmenia.ThecentralquestionofthestudyistofindoutwhatinfluencestheeconomyandwhethertheexportofITandforeigndirectinvestment(FDI)inITindustryinfluencethegrowthornot.Afteranalysingeconomicgrowththeoriesandmodel
5、s,aswellashowITinfluenceseconomicgrowthindifferentcountries,itwasconcludedthatthemajourfactorscontributingtoeconomicgrowtharecapitalformation,labourforce,technologies,innovation,investments,trade,researchanddevelopment,humancapital,etc.Thequalitativeanalysisfocusesonthesuccessf
6、ulexampleofIsraelandIrelandandpossibleapplicationsofitinArmenia.Duetothenewnessoftheindustry,theempiricalanalysisisbasedonthedatafrom2002–2016andtheregressionmodelfocusesonthemainfactorsinfluencingtheeconomicgrowthcombinedwithITindicators:labour,grossfixedcapitalformation,human
7、capital,patents,exportofITandFDIinIT.TheresultsofthepaperindicatethatexportofITalongsidewithlabourandgrossfixedcapitalformationhaveasignificantinfluenceonthegrowth,whileFDIinIT,humancapitalandpatentsshowlesssignificance.Thequalitativeandquantitativeanalysisbecomesthebasisofthec
8、onclusionthatArmeniacangrowitseconomyfocusingonITindus
